Nashville Public Education Foundation
- Assets
- $2.5m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 09/2002
- Data as of
- 06/2023
- EIN
- 48-1266314
Organization Overview
Nashville Public Education Foundation is located in Nashville, TN. The organization was established in 2002. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashville Public Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Nashville Public Education Foundation generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Nashville Public Education Foundation has awarded 39 individual grants totaling $4,548,647. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AT NASHVILLE PUBLIC EDUCATION FOUNDATION, WE BELIEVE ALL STUDENTS DESERVE TO THRIVE IN SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR ENDING JUNE 30, 2023, THE NASHVILLE PUBLIC EDUCATION FOUNDATION RAISED AWARENESS ON SEVERAL CRITICAL ISSUES, INCLUDING SCHOOL CHOICE, CHARTER SCHOOLS, AND THE 3RD GRADE RETENTION LAW. WE ALSO INFORMED VOTERS AHEAD OF THE 2023 MUNICIPAL ELECTIONS BY RELEASING A GUIDE ON BECOMING THE EDUCATION MAYOR. WITH NONPROFIT PARTNERS, WE LAUNCHED THE NASHVILLE CHILD AND YOUTH COLLABORATIVE TO FOCUS MAYORAL CANDIDATES' ATTENTION ON THE NEEDS OF CHILDREN AND YOUTH AND COHOSTED A MAYOR'S FORUM WITH WPLN. WE CONTINUED TO INVEST IN WHAT WORKS THROUGH OUR TEACHERPRENEUR PROGRAM, BLUE RIBBON TEACHER AWARDS, THE SCIENCE OF LEARNING SERIES, AND TECH GOES HOME, A PROGRAM THAT PROVIDE LAPTOPS FREE OF CHARGE TO MNPS FAMILIES IN EXCHANGE FOR PARTICIPATING IN DIGITAL LITERACY TRAINING. WE ALSO SUPPORTED THE DISTRICT'S MUSIC MAKES US PROGRAMMING AND PARTNERED WITH THE COUNTRY MUSIC ASSOCIATION FOUNDATION TO DISTRIBUTE THE MUSIC TEACHERS OF EXCELLENCE AWARDS. WE SERVED AS A COLLABORATIVE THOUGHT PARTNER TO THE DISTRICT BY HEPING TO FACILITATE TWO PARTNERSHIPS - THE PARTNERSHP FOR EDUCATIONAL EQUITY RESEARCH BETWEEN VANDERBILT UNIVERSITY AND MNPS AND THE BETTER TOGETHER INITIATIVE BETWEEN NASHVILLE STATE COMMUNITY COLLEGE AND MNPS. FINALLY, WE CONTINUED OUR INVESTMENT IN SCHOOL LEADERSHIP BY PARTNERING WITH THE TENNESSEE EDUCATION RESEARCH ALLIANCE AT VANDERBILT UNIVERSITY TO ANALYZE THE DEMOGRAPHICS AND QUALITY OF NASHVILLE'S PRINCIPALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meg Harris Chair | OfficerTrustee | 2 | $0 |
Ashley Cook Board Secretary | OfficerTrustee | 1 | $0 |
Tony Heard Immediate Past Chair | OfficerTrustee | 1 | $0 |
Robert E Mcneilly III Board Treasurer | OfficerTrustee | 1 | $0 |
Bryon Trauger Executive Committee At Large | OfficerTrustee | 1 | $0 |
Brenda Wynn Executive Committee At Large | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $422,969 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,307,159 |
| Noncash contributions included in lines 1a–1f | $25,617 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,730,128 |
| Total Program Service Revenue | $0 |
| Investment income | $6,038 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$872 |
| Net Income from Fundraising Events | -$129,707 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,605,587 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $386,014 |
| Grants and other assistance to domestic individuals. | $106,050 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $56,922 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $171,120 |
| Office expenses | $94,506 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,279 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,455 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,942 |
| Insurance | $5,841 |
| All other expenses | $0 |
| Total functional expenses | $1,723,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,200,674 |
| Savings and temporary cash investments | $93,212 |
| Pledges and grants receivable | $68,824 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,911 |
| Investments—publicly traded securities | $88,102 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,459,723 |
| Accounts payable and accrued expenses | $60,241 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $26,691 |
| Total liabilities | $86,932 |
| Net assets without donor restrictions | $1,250,857 |
| Net assets with donor restrictions | $1,121,934 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,459,723 |
Grants Awarded
Over the last fiscal year, Nashville Public Education Foundation has awarded $97,633 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
METRO NASHVILLE PUBLIC SCHOOLS PURPOSE: TO PROVIDE SUPPORT OF SPECIFIED PROGRAMS IN METRO SCHOOLS | $87,633 |
DIVERSE LEARNERS COOPERATIVE PURPOSE: PROVIDING LEARNING EXPERIENCES FOR MNPS TEACHERS | $10,000 |